Recently IBUS sold four apartment buildings out of her real estate fund Amerikaans Woningfonds C.V. The buildings, Oaklawn Terrace, Pershing House, 705 4th Street and 1460 Irving Street in Washington, DC (248 apartments in total), were sold for USD 20,5 million (before sales costs). The buildings were acquired in July 2002 for USD 9,5 million (including costs). Washington DC and the neighborhoo...
The topics of this edition are:
- Kicking the can down the street.
- Self-storage: Interview with Eric Stubbé (ALLSAFE mini-opslag).
- US Apartment Market: challenges and opportunities.
- Senior Housing: a no brainer… or not?
- Changes in Portfolio: IBUS transactions and events in the past 6 months.
For more inf...
On September 5th, IBUS has given a presentation on the different aspects of real estate investments for wealthy families at the Center for Wealth Management at Nyenrode University in Breukelen (Netherlands). The presentation was part of a course for family officers, private banks and fiscal advisors at the Center for Wealth Management. For more information, please contact Max Berkelder.
IBUS has launched a new real estate fund named IBUS Winkelfonds. The fund will aim at high quality retail investments on good locations, with quality tenants and mainly long-term lease contracts. IBUS Winkelfonds will focus predominantly on retail investments in Germany and The Netherlands and occasionally in France and the UK.
IBUS Winkelfonds consists of a seed portfolio of approxim...
IBUS obtained a construction loan of USD 3 million for an apartment investment in the Channel Square building in Washington, DC. Motive for the planned reconstruction of the asset is a pilot reconstruction last year, of a 2 bedroom and a 3 bedroom apartment into four 1 bedroom apartments. Since the refigured apartments rented out within 30 days at nearly double the rent compared to the past, th...
